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Avatar for Partridge Appraisal Service
Partridge Appraisal Service
5.0(
1
)

Serving Ayden, NC and surrounding areas

In business since 1987

Free estimates

Partridge Appraisal Service is a real-estate appraisal business based in East North Carolina. Our experience in appraising properties began in 1986. On this site you can read about our qualifications and the areas we cover. You can also order an appraisal online. Our goal is to serve each and every client with the utmost care and consideration. We feel it is important in every way to help ensure the appraisal experience is positive for our clients. We accomplished this through our commitment to quality appraisals delivered in a timely and professional manner. I encourage you to call for answers to the appraisal process or any questions you might have regarding your real estate and any appraisal needs. For homeowners, we provide appraisal reports for single family properties, condominium units, vacant land and multi-family property. Eileen Partridge is certified with HUD/FHA as an approved appraiser and is a North Carolina Certified General Appraiser

Response time11 hrs
Recommended by100%of homeowners
Avatar for Shackelford & Associates
Shackelford & Associates
New to Angi

Serving Ayden, NC and surrounding areas

In business since 1993

Free estimates

Credit card accepted

Shackelford & Associates has been providing top quality appraisals since 1993.. We have offices in Raleigh and Greenville, offering top quality commercial, residential, and agricultural appraisals throughout the Triangle and eastern North Carolina. Four of our appraisers are designated members of the Appraisal Institute, having fulfilled rigorous education and experience requirements above what is required by the Appraiser Qualifications Board.

Response time2 days
Response rate88%
Antiques and Jewelry Appraisals questions, answered by experts

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Ayden, NC homeowners’ guide to antique and jewelry appraisals

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